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Finance committee Certainly. Thank you, Mr. Chair. When I said the real question to ask is who is not qualifying, that was around the companies applying for the BDC, EDC and LEEFF loans. It would behoove the government to find out why people aren't successful, and then the system could be tweaked
May 28th, 2020Committee meeting
Peter Kiss
Finance committee Thank you. We're selling green oil. It's of the highest environmental standards in the world. When you compare it to oil that we're importing from various non-friendly jurisdictions, it's not even comparable. We should be out there marketing our oil as green oil, which it truly
May 28th, 2020Committee meeting
Peter Kiss
Finance committee Thank you, Mr. Cumming. The short answer is no. On the BDC loans, actually the right question is, who is being denied and why? We have applied. We were told that our loan should be funded, but that's all we know. We haven't been funded, and I would imagine that many are in the
May 28th, 2020Committee meeting
Peter Kiss
Finance committee As the second- or third-largest, depending how you measure it, with our resources—not only in the energy sector but with minerals and timber, and agriculture, for that matter—we have a tremendous opportunity. The problem is that we can't get our resources to market. We're build
May 28th, 2020Committee meeting
Peter Kiss
Finance committee Absolutely. It's incredibly frustrating. Canada has high environmental standards. That's not frustrating. The frustrating part is what it costs to get our oil out of the ground. We have to mine it. We can't just drill a hole and put a pipe on and sell it. We have the highest en
May 28th, 2020Committee meeting
Peter Kiss
Finance committee Thank you, Mr. Chair. Good afternoon. I wish to thank the finance committee for inviting me to comment on the federal government's response to COVID-19, particularly around the response to the energy sector. My name is Peter Kiss. I'm the owner of Morgan Construction, a heavy
May 28th, 2020Committee meeting
Peter Kiss
Finance committee No, sir. I appreciate your comments. As an Albertan with boots on the ground, if you will, the environment is at the forefront of everything we do and my clients treat it.... I don't think people understand the care that goes into constructing these facilities and the reclama
February 6th, 2020Committee meeting
Peter Kiss
Finance committee Mr. Chair, you may not remember this but you and I shared a lobster roll in September when my YPO Alberta forum group was out in your great province.
February 6th, 2020Committee meeting
Peter Kiss
Finance committee I had this in my presentation and I crossed it out because I felt it was, quite frankly, too shocking. I was with Petroleum Services Association. We were presenting to the Alberta government and I was in the environment minister's office. He told us that on the night of the feder
February 6th, 2020Committee meeting
Peter Kiss
Finance committee I had my finance team go back and pull up how much money we had contributed to the governments of Canada. It was $147 million, and that is payroll, but not GST, over 10 years. That was an astounding number. We're not a large business. By definition, we'd be medium-sized. In the o
February 6th, 2020Committee meeting
Peter Kiss
Finance committee There is a lack of offtake capacity in western Canada. There are no pipelines to get our oil out. Any new projects that were slated have been shelved for two reasons. First, there's no place to put the oil. Second, a curtailment was imposed by the Alberta government to raise the
February 6th, 2020Committee meeting
Peter Kiss
Finance committee No sir, but you can feel good that I was up in Fort McMurray last night and it was really different.
February 6th, 2020Committee meeting
Peter Kiss
Finance committee Good afternoon. I wish to thank the finance committee for inviting me to these pre-budget consultations. My name is Peter Kiss and I'm the owner of Morgan Construction, a heavy civil earth-moving and environmental company operating throughout western Canada with a focus on the Al
February 6th, 2020Committee meeting
Peter Kiss